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Omnitude (ECOM): Does it Score Poorly on Short-Term Trading Metrics Sunday?

Sunday, February 06, 2022 03:09 PM | InvestorsObserver Analysts
Omnitude (ECOM): Does it Score Poorly on Short-Term Trading Metrics Sunday?

Omnitude receives an average short-term technical score of 38 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the token by looking at the price movement to determine if it is trending in the right direction. ECOM holds a better recent technical analysis than 38% of tokens at its current price. Investors who are focused on short-term growth and looking for hot and trendy coins will find the Short-Term Rank especially relevant when allocating their assets.

Short-Term Technical - 38
InvestorsObserver is giving Omnitude a 38 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Omnitude!

Trading Analysis

Omnitude is $0.005131 (199.23%) higher than its 30-day low price of $0.002575571 while also -$0.005501 (-41.65%) lower than its high of $0.01320729 from the past month of trading. Meanwhile, ECOM's current price of $0.007706764 is under its average price of $0.009797247 set over the past month of trading, leading to an average short-term technical score. In summation, the recent trading history of Omnitude suggest that traders are currently neutral on the token. ECOM has a relatively low market cap for a token with a total market value of $499,500.79. Omnitude's relatively low market value comes as it sits under $100 million while the top 100 cryptos remain above $1 billion in market cap and the top 500 sit above $100 million. Omnitude's average volume meanwhile is low with $1,230,646.25 worth of the token traded over a typical 24 hour period. ECOM's volume is relatively low as the most traded 100 cryptos typically have $100 million exchanged each day and smaller cryptos tend to sit under $5 million traded over 24 hours. As of the past 24 hours, ECOM's volume is below its average with $170,871.09 exchanged.

Summary

Omnitude's price movement over the past month has led to a an average short-term technical score due to recent trading giving more neutral signals for traders on the token's short-term movement. Click Here to get the full Report on Omnitude (ECOM).

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